A bequest is the easiest and most meaningful way to provide for WICA's future. A bequest is a gift made through your estate. It may be a specific dollar amount, a percentage of the estate, or a remainder after other distributions have been made.
Charitable Gift Annuity
In exchange for cash or assets, WICA agrees to pay a fixed sum of money to the donor for the duration of the donor's life, after which the remainder is left to WICA.
Charitable Remainder Trust
Transfer your assets into a trust, which pays income to you (or other designated beneficiaries) until the trust terminates and the remaining principal is left to benefit WICA.
Life insurance provides security for a growing family and support in times of need. It can also be used to make a gift to WICA. Options include naming the Center as the beneficiary of the death benefit or transferring ownership of an existing policy to WICA.
Naming WICA as a beneficiary of an Individual Retirement Account or other qualified retirement plan is a simple way to include the Center in your estate plans.
Please Note: Distributions from retirement accounts made to 501(c)(3) charitable organizations are generally tax free. Please consult your tax professional for advice about your situation.
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Whidbey Island Center for the Arts is a 501(c)(3) non-profit organization.